Innovation in green energy by 2030: Macron unveils a plan of 30 billion euros


French President Emmanuel Macron speaks in front of a screen with a phrase “Better understand, better live, better produce” during the presentation of the “France 2030” investment plan at the Elysee Palace in Paris, France, October 12, 2021 Photo: Ludovic Marin / Pool via Reuters

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French President Emmanuel Macron speaks in front of a screen with a phrase “Better understand, better live, better produce” during the presentation of the “France 2030” investment plan at the Elysee Palace in Paris, France, October 12, 2021 Photo: Ludovic Marin / Pool via Reuters

France wants to be the leader in green hydrogen by 2030 and build low-carbon planes and small nuclear reactors as part of a € 30 billion ($ 35 billion) investment plan , President Emmanuel Macron said on Tuesday.

Macron said the roadmap, dubbed “France 2030”, would ensure France decarbonises its industry and brings innovation and production closer together in key areas, from cars and biomedicine to semiconductors, closer to home. it by the end of the decade.

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The long-term plan, presented six months before the presidential election, was quickly criticized by the opposition as an election campaign, but Macron said those goals were essential to securing France’s standing in the world.

Highlighting a shortage of face masks when the COVID-19 pandemic first erupted, Macron said the crisis had exposed real vulnerabilities and the critical need for France to have innovation and industrial production at home .

“We must rebuild the framework of productive independence for France and Europe,” he said, adding that innovation would be key in a context of global competition for leadership and access to materials. raw. “The winner takes it all,” he added.

Outlining some of the plan’s goals, Macron said France will build by 2030 a low-carbon aircraft, a small modular reactor as well as two mega-plants for the production of green hydrogen. It would also produce a large number of electric vehicles.

“We have to fight the battle of innovation and industrialization at the same time,” Macron said as he laid out the plan to a group of entrepreneurs, adding: “We need a country that produces more.”

Macron said the plan would give small, agile start-ups a key role in building France’s industrial future alongside established giants.

CRITICAL

Other 2030 goals include investing in semiconductors and boosting innovation in the French healthcare sector, including biomedicine.

In addition to the 30 billion euros in new public investments, part of which will already be included in the 2022 budget, the French public investment bank Bpifrance will invest 4 billion euros in startups and innovative companies.

This all adds up to a € 100 billion stimulus package announced last year to help France overcome the coronavirus pandemic, much of which has been devoted to promoting greener energy policies.

The plan has been harshly criticized by the opposition and environmental groups.

“A few months before the end of his mandate, the outgoing president is committing French money to improve his electoral image with promises that only bind his successor,” said far-right leader Marine Le Pen on Twitter .

“It’s ‘whatever the cost, I want to be re-elected!’” She said.

Matthieu Orphelin, a lawmaker who left Macron’s party two years ago, said it was Macron’s “first campaign speech for 2022″, while environmental group Greenpeace called it ” festival of false solutions and wishful thinking “.

“All these false solutions follow the same logic: constantly postponing the real (energy) transition and continuing to produce as if the planet’s resources were unlimited”, declared Jean-François Julliard, director of Greenpeace France.


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